Strike cripples production at Paladin's Malawi uranium mine

Malawi’s move last week to delink its currency from the US dollar, devaluing by 50%, had an unwelcomed side effect for uranium miner Paladin –workers at its Kayelekera mine in the north of the country on Friday downed tools after the company...

Paladin Energy posts $120m first-half loss

Uranium miner Paladin Energy on Tuesday reported a net loss of $120.2-million for the six months to the end of December, as it wrote down the value of its Kayelekera mine in Malawi. The company, dual listed in Australia and Canada, reported a...

Paladin reports strong Q2 performance but trims FY forecast

ASX- and TSX-quoted uranium miner Paladin Energy on Tuesday reported a 47% quarter-on-quarter production increase, but downwardly revised its output guidance for the remainder of the 2012 financial year. The guidance has been lowered to between...

Paladin soothes investor jitters on Malawi comments

Uranium miner Paladin Energy on Monday moved to allay investor fears, after the Malawi Reserve Bank Governor, Dr Perks Ligoya, said that the country would seek to “renegotiate” the terms for the Kayelekera project. Paladin boss John Borshoff...

Paladin reports $123m quarterly loss

ASX- and TSX-listed uranium producer Paladin Energy on Monday reported an after-tax loss $123.4-million for the September quarter, after it took a $133-million impairment charge on its Kayelekera mine in Malawi. Paladin, which widened its loss...

Uranium shares oversold - Paladin CEO

While the Japanese nuclear disaster delivered the uranium sector “a spectacular kick in the teeth”, Paladin Energy CEO John Borshoff said on Wednesday the overall impact on the industry will be minimal over the longer term. “It now appears...

Paladin reports higher nine-month production, sales

ASX- and TSX-listed uranium miner Paladin Energy has recorded a 47% increase in production and a 31% increase in sales for the nine months to March, compared with the same period in 2010. In the nine months under review, Paladin produced some...

Paladin achieves record uranium sales for March quarter, downgrades guidance

ASX- and TSX-listed uranium miner Paladin Energy has reported record uranium sales for the quarter ended March, despite a 4% decrease in production figures. During the three months to March, Paladin sold around 1,4-million pounds of uranium oxide...

Paladin ready to commission Langer Heinrich expansion early 2011

Uranium miner Paladin Energy expects a project to expand capacity at the Langer Heinrich mine in Namibia to 5,2-million pounds a year will reach mechanical completion and be ready for commissioning early next year, the firm said on Friday. The...

Kayelekera mine, Malawi

An openpit mine, situated in Malawi

Paladin narrows loss, sales reach 3,7Mlbs

ASX- and TSX-listed uranium-miner Paladin Energy on Friday reported record sales volumes of 3,73-million pounds of uranium oxide (U3O8) for the year ended June, a 84% increase on the sales levels achieved during the previous financial year.

Paladin to reach nameplate capacity at Kayelekera by end-June

Uranium-miner Paladin Energy expects to achieve nameplate production from its Kayelekera mine in Malawi during the current quarter, GM for corporate development Justin Reid said on Wednesday. Kayelekera is Paladin's second operation, after the...